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Prime Corner Retail Opportunity
For Lease
$14,500/Mo

480 5th Ave, New York, NY 10001

Retail space with high visibility and strong pedestrian exposure.

Space SizeContact for details
Days on Market218

Property Features for 480 5th Ave

General Information

Standard status Active
Listing Agency: NY Space Finders Inc
Listed By: Luca DiCiero · License #10351202702
Source: Exprealty
Added: Jan 27 Changed: Aug 28 Last Checked: Sep 2 at 12:48AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NY Space Finders Inc

Investment Insights

Based on property information with market context.

Located at 480 5th Avenue, this corner retail space offers visibility and pedestrian exposure along a well-traveled corridor. The property features approximately 1,400 square feet on the ground floor with an additional 1,400 square feet in the fully built-out lower level, totaling 2,800 square feet. The space is in excellent condition and suitable for retail, service, or showroom uses. The ground floor includes corner frontage for branding and signage. The lower level provides flexible, finished space suitable for sales support, storage, office, or customer-facing program use. This opportunity benefits from the surrounding neighborhood, making it suitable for businesses seeking a Brooklyn presence with functional square footage across two levels.

Key Highlights

  • Prime corner location with exceptional visibility and strong pedestrian exposure.
  • 2,800 total square feet: 1,400 sq ft ground floor and 1,400 sq ft fully built‑out lower level.
  • Excellent condition, turnkey opportunity suitable for various retail, service, or showroom uses.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Hair Salon Accounting Firm Nail Salon Barber Shop Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$9.32 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

7,969
Businesses Nearby
300k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 39% Groceries 33% Dining 20% Office Supplies 6%
Whole Foods Market Groceries
88,654 visits/mo 0.4 miles
Barnes & Noble Shops & Services
34,907 visits/mo 0.3 miles
Staples Office Supplies
19,418 visits/mo 0.4 miles
Bank of America Shops & Services
13,992 visits/mo 0.2 miles
BP Shops & Services
13,850 visits/mo 0.4 miles

Demographics for 10001, NY

32,612
Population
17,554
Households
1.9
Avg Household Size
35
Median Age
72%
College-Educated
93%
High-School Grad
0.6 sq mi
ZIP Area
54,353
Density / Sq Mi
$123,393
Median Household Income
$97,848
Median Earnings
$3,024
Median Rent
$793,000
Median Home Value

Market

Lease Benchmarks for New York, NY

$51.93 /SF/Yr
Avg Asking Price
$12–$90 /SF/Yr
Price Range
6,191 SF
Avg Space Size

This space is priced 20% above the average of $51.93 /SF/Yr.

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space with high visibility and strong pedestrian exposure.
Where is this retail space located?
The property is located at 480 5th Ave New York, NY.
What is the lease rate?
The lease rate is $14,500/Mo.
What are key features of this property?
This property features: Prime corner location with exceptional visibility and strong pedestrian exposure.; 2,800 total square feet: **1,400 sq ft ground floor and 1,400 sq ft fully built‑out lower level.**; Excellent condition, **turnkey opportunity** suitable for various retail, service, or showroom uses.
More about this property
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